Posts tagged as: sh11-5-billion

Kenya: NTSA to Fine Applicants for Late Collection of Logbooks

By Ouma Wanzala

Kenyans who fail to collect their vehicle logbooks on time will now be charged Sh500 per month, National Transport and Safety Authority Director-General Francis Meja has said.

Mr Meja said the authority is working on how the fines will be paid before being rolled out.

The fine was to be effective from mid-September.

“We do not want to receive cash,” Mr Meja said, noting that the fines will be for the period the logbook will have stayed at their offices.

CULPRITS

The agency takes five working days to process logbooks and at the moment is holding more than 15,000 uncollected documents.

Nairobi County has the highest number of uncollected logbooks at 8,763, followed by Mombasa (5,998).

Some 228 and 130 logbooks are yet to be collected in Kisumu and Nyeri respectively.

NOTIFICATION

Mr Meja said some of the logbooks have been lying on the shelves for more than seven months.

“Applicants should move with speed and pick up their documents,” he added.

He said the agency had made efforts to contact the individuals via SMS and through their accounts on the Transport Integrated Management System but the customers had ignored all the communication.

Kenya

Duale to Seek MPs Approval of Sh11.5 Billion for Poll

Majority Leader in the National Assembly Aden Duale says he will be requesting MPs to approve the release of Sh11.5… Read more »

Kenya: New Kisumu Port to Operate Under Lease

By Allan Olingo

Construction of the modern Kisumu port under the standard gauge railway will take 18 months.

Documents from Kenya Railways seen by The EastAfrican show that the port will be in Usare, Kisian, 16km from Kisumu town, and will include two multi-purpose berths of 3,000 tonnes and one work boar berth.

When complete, the port will be leased to sub-operators under an agreement with the Kenya Ports Authority.

“There will also be the construction of a roll on/roll off (ro-ro) terminal that will facilitate loading and offloading from ships designed to carry wheeled cargo like cars,” the design document reads in part.

The port will be linked by rail, access roads, electricity connections and satellite buildings. It will require 20square km of land to accommodate its amenities.

Employment opportunities

“The operational port workforce would initially require hundreds of full-time employees, gradually increasing to thousands,” the document says.

As a justification for construction of the port, standard gauge railway planners say they aim to transport cement, coal and petroleum products through the port to the regional countries.

Early this year, Kenya’s Ministry of Transport proposed construction of the new port once the SGR reaches Kisumu. The ministry has already finalised a financial agreement with China Exim Bank for a $140 million loan to finance its construction.

“We aim to increase business with neighbouring countries. We have chosen this new location as it gives us the flexibility for expansion and also allows us to build a logistics and an industrial park,” Transport Cabinet Secretary James Macharia told The EastAfrican.

Kenya

Duale to Seek MPs Approval of Sh11.5 Billion for Poll

Majority Leader in the National Assembly Aden Duale says he will be requesting MPs to approve the release of Sh11.5… Read more »

23 Sex Rules for Couples

Photo: Pixabay
opinionBy Dayan Masinde

1. Do not have sex with another.

2. Do not flirt with another because that is how unfaithfulness begins.

3. Do not fake orgasms. Don’t lie to me that I am good in bed, give me a chance to do you better to take you there.

4. Do not insist on having sex with me if you don’t take care of my heart. Sex begins by how you treat me when we have clothes on.

5. Do not masturbate yet you have me. Make use of me.

6. As you expect me to do stuff on you, do stuff on me too.

7. Do not go around telling your friends about our sex life whether it is great or average. Keep it special. Keep it between us.

8. Do observe hygiene. Take showers, smell good, get rid of odour, make use of body sprays, do not repeat underwear. Cleanliness adds to the sexiness.

9. Have an affair with me. Yes, be naughty, kinky, daring with me.

10. Kiss me anytime. You don’t need my permission.

11. When you want sex, ask from me. Touch me where you know I get fired up. You need it I got it.

12. Explore my body. Do not copy paste what you read in magazines on me. I am unique. Study me.

13. Send me naughty messages on the phone, when we chat. I like it.

14. Do not fuel your lust for another.

15. Keep no secrets from me. Affairs thrive on secrets.

16. Let me know your close friends, especially those of the opposite gender. Don’t get yourself in private and secluded places with them.

17. Do not use your phone to entertain improper chats and threats to our marriage bed. Keep our marriage bed honourable.

18. Do not go to places where you will get tempted to fall.

19. Let us not hide our issues behind sex. There is more to our marriage than sex.

20. Tell me what sexual stuff you want me to do for you. Your wish is my command.

21. Do not hold back your sexiness or think sex is evil. Give me all your pleasure.

22. Dress up for sex. Wear sensual lingerie and attractive underwear.

23. Let’s not call it sex, let’s call it love making. That way, we are reminded it is all about intimacy, not orgasms.

Kenya

Duale to Seek MPs Approval of Sh11.5 Billion for Poll

Majority Leader in the National Assembly Aden Duale says he will be requesting MPs to approve the release of Sh11.5… Read more »

You Stole Our Victory, Jubilee Supporters Tell Supreme Court

By Sam Kiplagat

Hundreds of Jubilee supporters have held demonstrations outside the Supreme Court accusing the country’s top court of “stealing their victory”.

Waving placards, the demonstrators, mostly youth accused the judges of rendering an illegal judgment.

They said the court should have ordered for a recount of the votes following a petition filed by the Nasa coalition after President Uhuru Kenyatta was declared winner of the August 8 election.

The demo was held as Kenyans await the full judgment of the court.

It also comes amid petitions filed at the Judicial Service Commission (JSC) seeking the removal of judges Philomena Mwilu (Deputy Chief Justice) and Isaac Lenaola.

JSC members were also meeting at the Supreme Court amid the petitions.

The demonstrators had earlier converged at Uhuru Park.

They were shouting “Maraga must go” and “Uhuru mpaka 2022”.

Kenya

Duale to Seek MPs Approval of Sh11.5 Billion for Poll

Majority Leader in the National Assembly Aden Duale says he will be requesting MPs to approve the release of Sh11.5… Read more »

Harambee Starlets Beat Swaziland

By Brian Yonga

Harambee Starlets on Monday beat Swaziland 1-0 in their final preliminary match on the ongoing Cosafa Women’s Championship match at the 10,000-seater Luveve Stadium in Bulawayo.

Mercy Achieng’s sublime 89th minute goal handed Kenya the win moving them to nine points in pool B. Kenya will now take on the hosts in Thursday’s semi-final as they bid to reach the final.

The game was seemingly headed for a barren draw, but Achieng’ who started upfront in a much changed starting 11, scored a sublime goal to ensure Kenya’s 100 percent record.

Swaziland had to play almost 30 minutes of the match with 10 players after their star player Celine Nkambule was shown a straight red for a high boot on Pauline Musungu.

Makolandars custodian Pauline Atieno started between the sticks, while Lilian Adera and Florence Awino also handed their first starts of the tournament.

Deadly forwards Neddy Atieno and Mwanahalima Adam were also rested for the match.

Kenya

Duale to Seek MPs Approval of Sh11.5 Billion for Poll

Majority Leader in the National Assembly Aden Duale says he will be requesting MPs to approve the release of Sh11.5… Read more »

CBK Monetary Policy Committee Leaves Interest Rates Unchanged

By Nairobi

Kenya — Central Bank of Kenya’s monetary policy committee has retained the central bank rate at 10 percent effectively leaving interest rates unchanged.

The committee says the decision to maintain the CBR is to anchor inflation expectations even as the regulator continues to closely monitor developments in the global and domestic economy.

CBK Governor Dr. Patrick Njoroge has said the committee has welcomed the preliminary results of the studies on the slowdown in the growth of private sector credit, and the impact of the interest rate caps.

He says the committee has welcomed the results of the studies and made recommendations which will be finalized in the near term.

Meanwhile, the growth of credit to the private sector recorded a slight increase to 1.6 percent over the 12 months to August 2017 from 1.4 percent in July 201, reversing the downward trend since August 2015.

Average commercial banks’ liquidity and capital adequacy ratios stood at 45.6 percent and 19.0 percent, respectively, in August 2017.

“The distribution of liquidity in the sector is expected to continue to improve but credit risk remains elevated as some large corporates continue to restructure their borrowings,” said Dr. Njoroge.

Kenya

Duale to Seek MPs Approval of Sh11.5 Billion for Poll

Majority Leader in the National Assembly Aden Duale says he will be requesting MPs to approve the release of Sh11.5… Read more »

Kenya: KCB Ranked Most Attractive Bank With Long-Term Growth Prospects

By Margaret Njugunah

Nairobi — KCB Group is Kenya’s most attractive bank based on its strong franchise value and the intrinsic value score.

Cytonn Investment’s Half-year banking sector report places KCB ahead of Co-operative Bank, Diamond Trust Bank and NIC Bank.

National Bank of Kenya, HF Group and Standard Chartered Bank ranked the lowest respectively among the 11 listed banks.

“The franchise score measures the broad and comprehensive business strength of the company across 13 different metrics, and the intrinsic score measures the investment return potential,” said Investment Analyst Caleb Mugendi.

Equity Group improved to Position 5 from Position 6 due to impressive Net Interest Margin at 9.7 percent, above industry average of 8.6 percent, and a Return on average Equity of 19.7 percent, above the industry average of 18.1 percent, with the bank adequately diversified with Non-Funded income at 42.0 percent of the total operating income, higher than the industry average of 31.3 percent.

On the other hand, Standard Chartered dropped from position 8 in the previous year due to a low intrinsic valuation, with a potential return of -12. The bank has been weighed down by high non-performing loans at 13.1 percent, versus an industry average of 11.5 percent, which affected it’s Franchise Value ranking.

The report also analyzed the results of the listed banks in the period so as to determine which banks are the most attractive and stable for investment from a franchise value and from a future growth opportunity perspective.

Kenya

Duale to Seek MPs Approval of Sh11.5 Billion for Poll

Majority Leader in the National Assembly Aden Duale says he will be requesting MPs to approve the release of Sh11.5… Read more »

Socialite Huddah Monroe Shows Off Nipple

Photo: The Nation

Huddah Monroe.

Socialite Huddah Monroe is at it again. She has given her fans a sneak view of one of her nipples.

The picture posted on her Instagram on Monday show her wearing an off shoulder white top that is pulled lower on the right breast to reveal a nipple.

In August, the socialite had appeared on the Talk Central show on K24 and announced that will no longer post semi-nude pictures of herself on social media.

Huddah declared that she would instead focus on her cosmetic brand.

Questions have been asked about how the socialite supports her lavish lifestyle compelling her to state that she is involved in real estate business

“I made my money when I used to do relocation, real estate because I used to know a lot of expatriates. So I would get a house, furnish it and then rent it out to these people coming here and that is how I used to make my money,” explained Huddah.

Kenya

Duale to Seek MPs Approval of Sh11.5 Billion for Poll

Majority Leader in the National Assembly Aden Duale says he will be requesting MPs to approve the release of Sh11.5… Read more »

Police Imposter Goes Undetected for Six Months at Uhuru Camp

Photo: Justice for All Nigeria
By Stella Cherono

A police imposter lived, dined and mingled with Administration Police officers at the Uhuru Camp for six months without being detected.

The man identified as Kennedy Mojong Ekale, 26, even had full AP uniform including jungle trousers, camouflage jacket, jungle shirt, a red belt, a lanyard, a jungle hat and a raincoat.

He also had two T-shirts.

The Uhuru Camp normally hosts APs attached to Securing of Government Buildings Unit, under which bodyguards attached to VIPs also serve.

Police officers had on Thursday interrogated the officer on why he never appeared on the duty roaster and why he had never accompanied anyone for assignment.

NO FRIENDS

“This guy has been putting on the uniform, going out alone and coming back to the camp in the evening,” a police constable said.

He said the imposter did not have any friends and used to go out alone, unlike the others who have been going out in batches, mostly being picked by police vehicles.

It is not clear whether and how the man was allocated a house which is usually done under strict adherence to directions from seniors.

“I have never seen him with a gun but it is crazy because this means he has been seeing and hearing what he should not,” the officer said, adding that it was scary to think that an imposter slept with officers who may have had guns and ammunitions.

COURT

Lang’ata OCPD Elijah Maina confirmed that the imposter had been in cells at the police station and said he would be arraigned in court on Monday.

This incident comes just two months after a police imposter, Mr Joshua Waiganjo, was released on a Sh500, 000 bond by a Naivasha court after over four years in custody.

He had been charged with five counts of impersonation and possessing police uniforms.

He denied the charges.

Kenya

Duale to Seek MPs Approval of Sh11.5 Billion for Poll

Majority Leader in the National Assembly Aden Duale says he will be requesting MPs to approve the release of Sh11.5… Read more »

Trade PS ‘Aware’ of Nakumatt, Tuskys Partnership Talks

By Brian Ngugi

Trade Principal Secretary Chris Kiptoo says he is aware of ongoing talks towards a partnership between troubled retail chain Nakumatt and rival Tuskys.

However, neither Nakumatt nor Tuskys have confirmed reports of a deal between the two.

The retailers were yet to respond to queries on whether the deal is a merger or a buyout as at the time of publishing of this story or the monetary value that would be involved.

Nakumatt had earlier this year opened government-mediated negotiations with its creditors, aiming to resolve a debt crisis that has pushed it to near collapse.

“I do not know the exact nature of the agreement reached between Nakumatt and Tuskys. As far as I am concerned these are private commercial transactions which we have no objection to as long as they done within the law,” Mr Kiptoo told the Business Daily today.

The Competition Authority of Kenya (CAK) on its part says it is yet to receive an application from the two retailers on a partnership.

Failed to woo investor

Mr Kiptoo had in June said Nakumatt’s failure to attract a deep-pocketed investor by March this year had left its owners with two tough options – to liquidate the business or significantly restructure its operations to keep it afloat.

The Trade PS, however, had maintained that Nakumatt’s private ownership meant that it had to independently reach an agreement with its bankers and suppliers – who are owed billions of shillings – with the State merely acting as a mediator.

“The situation is not good. The government is not a Nakumatt shareholder, but my involvement is to see how we can bring all parties to reach an amicable solution,” Dr Kiptoo said in June.

Kenya

Duale to Seek MPs Approval of Sh11.5 Billion for Poll

Majority Leader in the National Assembly Aden Duale says he will be requesting MPs to approve the release of Sh11.5… Read more »

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